Wealth Enhancement Advisory Services LLC Raises Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,268,731 shares of the company’s stock after purchasing an additional 198,260 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $64,693,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Websterrogers Financial Advisors LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 3.9% during the 4th quarter. Websterrogers Financial Advisors LLC now owns 124,583 shares of the company’s stock worth $6,346,000 after buying an additional 4,717 shares in the last quarter. Old Port Advisors increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 103.2% during the fourth quarter. Old Port Advisors now owns 12,269 shares of the company’s stock worth $625,000 after acquiring an additional 6,232 shares during the period. Cahaba Wealth Management Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 4.2% during the fourth quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock worth $313,000 after acquiring an additional 245 shares during the period. Sandbox Financial Partners LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.3% in the fourth quarter. Sandbox Financial Partners LLC now owns 58,573 shares of the company’s stock valued at $2,984,000 after acquiring an additional 1,329 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $795,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

BATS:JMST opened at $50.98 on Monday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $51.13. The stock has a fifty day moving average price of $51.06 and a 200 day moving average price of $51.00.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1157 dividend. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, March 2nd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10.

JPMorgan Ultra-Short Municipal ETF Company Profile

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.